Harney Incorporated has prepared the following budgets for March. And Marge budg

Question

Harney Incorporated has prepared the following budgets for March. And Marge budgeted production equals budgeted sales, and raw materials inventory will stay constant.

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Home my.utrgv.edu | Home X Exan III ? ezto.mheducation. (9%b ! *Most Visited my.utrgv.edu ALGEBRA ginE Search every Time remaining: 144:56 2. Harney, Inc. has prepared the following budgets for March. In March, budgeted production equals budgeted sales, and raw materials inventory will stay constant Direct materials Direct labor Mañufacturing overhead $4,900 Selling and administrative expense $ 10700 s 8200 What is budgeted cost of goods sold for March? O $21.000o O $23.500 O $12.800 O $31.700 Macro II Sc2 1080 30 29... Chapter 10 test bank_o. Study Notes

Explanation / Answer

Answer

B. $23500

Budgeted Cost of Goods Sold:

Direct Material $4900 Direct Labor $7900 Manufacturing Overhead $10700 Cost of Goods Sold: $23500

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